Aker Solutions Asa · OSL:AKSO
Aker Solutions Asa — Investor Day (December 2008)
7 slides from Aker Solutions Asa's investor day presentation, Dec 9, 2008
Slide 1: Capital markets day 2008 – Long term steady strategy
part of Aker Capital markets day 2008 – Long term steady strategy Simen Lieungh President & CEO Capital Markets Day 9 December 2008 © 2008 Aker Solutions Health, Safety and Environment: injury rates and sick leave remain low HSE performance 8 7 6 5 4 3.5 3 2.2 2 1 0.9 0 2003 2004 2005 2006 2007 YTD
Slide 2: Achievements last 12 months; Contract award examples
Achievements last 12 months ■ Performance (Q407-Q308) ● EBITDA NOK 4.4 billion ● EBITDA margin 7.5% ■ Projects ● 9 drilling equipment packages to be delivered 2008 ● 4 production facilities delivered to ENI for Kashagan ● 5 metals EPCM projects in South America – undisputed market leader ● Adriatic
Slide 3: Short term, companies reviewing investment plans… long-term fundamentals attractive
Short term, companies reviewing investment plans… Capex scenarios (USD billions) 8.0 Business plan 2009-13, under revision: 6.0 “Need to evaluate impact of financial 3.0 crisis” Oil USD 80 USD 65 USD 45 price Capital Markets Day 9 December 2008 Slide 5 © 2008 Aker Solutions part of Aker …however, lo
Slide 4: Aker Solutions long-term strategy steady
Aker Solutions long-term strategy steady ■ Cold climate, harsh environment and deeper waters ■ Closer to customer core, move towards the well stream and reservoir ● Subsea solutions for flexible production from long step-outs & higher recovery rates ● Strengthen well intervention services ■ Grow ser
Slide 5: High share of large customers with strong balance sheets
High share of large customers with strong balance sheets Estimated share of total revenue 100 % Others 75 % Independents NOCs Majors 50 % (metals & construction) 25 % Majors/ IOCs 0% By customer type Capital Markets Day 9 December 2008 Slide 9 © 2008 Aker Solutions part of Aker Service highest growt
Slide 6: Financial outlook; New executive management team
Financial outlook EBITDA 1400 (NOK million) 1200 1 151 ■ Nominal EBITDA expected to grow in 2009; 1000 operating revenues 2009 likely to be reduced 800 ■ Strong order backlog, high- 600 quality orders, margins expected to grow 400 ■ Long-term market fundamentals attractive, 200 short-term activity l
Slide 7: Copyright and disclaimer
Copyright and disclaimer Copyright of all published material including photographs, drawings and images in this document remains vested in Aker Solutions and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used